WS #13421
WTI and Brent fell over 6% on hopes of a Hormuz reopening, with API crude build adding to bearish pressure, benefiting airlines and consumers but hurting energy producers.
Oil Price Plunge and Hormuz De-escalation
WTI and Brent fell over 6% on hopes of a Hormuz reopening, with API crude build adding to bearish pressure, benefiting airlines and consumers but hurting energy producers.